Hi This is Rob. I will be helping you today
Can I ask you what version of turbotax you are using?
a complicated K1 will usually require one of the versions that is designed for a small business.
Either the self employed or the home and business version
Full Instructions for the k1 form from the irs is on this page
https://www.irs.gov/pub/irs-pdf/i1065sk1.pdf
These are the instructions for when box 20 has AH in it.
Code AH. Other information. The partnership will report the following. 1. Any information a PTP needs to determine whether it meets the 90% qualifying income test of section 7704(c)(2). A partner is required to notify the partnership of its status as a PTP. 2. Any information you need to complete a disclosure statement for reportable transactions in which the partnership participates. If the partnership participates in a transaction that must be disclosed on Form 8886, Reportable Transaction Disclosure Statement, both you and the partnership may be required to file Form 8886 for the transaction. The determination of whether you are required to disclose a transaction of the partnership is based on the category(s) under which the transaction qualifies for disclosure and is determined by you and the partnership. You may have to pay a penalty if you are required to file Form 8886 and do not do so. See the Instructions for Form 8886 for details. 3. Noncash charitable contributions. If the partnership made a noncash charitable contribution, your share of the partnership’s adjusted basis in the property is limited to basis and is reported here. 4. Interest and additional tax on compensation deferred under a section 409A nonqualified deferred compensation plan that doesn't meet the requirements of section 409A. See section 409A(a)(1)(B) to figure the interest and additional tax on this TIP -18- Partner's Inst. for Sch. K-1 (Form 1065) (2021) income. Report this interest and tax on Schedule 2 (Form 1040), line 17h. This income is included in the amount in either box 4a, Guaranteed payments for services; or box 4b, Guaranteed payments for capital. 5. Inversion gain. The partnership will provide a statement showing the amounts of each type of income or gain that is included in inversion gain. The partnership has included inversion gain in income elsewhere on Schedule K-1. Inversion gain is also reported under code AH because your taxable income and alternative minimum taxable income cannot be less than the inversion gain. Also, your inversion gain (a) isn't taken into account in figuring the net operating loss (NOL) for the tax year or the NOL that can be carried over to each tax year, (b) may limit your credits, and (c) is treated as income from sources within the United States for the foreign tax credit. See section 7874 for details. 6. Qualifying advanced coal project property. Use the amounts the partnership provides you to figure the amounts to report on Form 3468, lines 5a through 5c. 7. Qualifying gasification project property. Use the amounts the partnership provides you to figure the amounts to report on Form 3468, lines 6a and 6b. 8. Qualifying advanced energy project property. Use the amount the partnership provides you to figure the amount to report on Form 3468, line 7. 9. Conservation reserve program payments. Individuals who received social security retirement or disability benefits, and are partners in farm partnerships that receive conservation reserve program payments, do not pay self-employment tax on their portion of the payments. The partnership will report your portion of the conservation reserve program payments in box 20 using code AH. See Schedule SE (Form 1040) for information on excluding the payment from your calculation of self-employment tax. 10. The information needed to complete Form 8990, Schedule A, for foreign partners which are required to report their allocable share of excess business interest expense, excess taxable income, and excess business interest income, if any, that is attributable to income effectively connected with a U.S. trade or business. When required, the partnership will make this report on an attached statement to partners that are a foreign corporation or a nonresident alien or partners that are a partnership (domestic or foreign) in which the reporting partnership knows, or has a reason to know, that one or more of the partners is a foreign corporation or nonresident alien. 11. If the partnership is a section 721(c) partnership, the partnership should include the amounts relating to any remedial items made under the remedial allocation method (described in Regulations section 1.704-3(d) and Regulations section 1.704-3(d)(5)(iii)) with respect to section 721(c) property allocable to each partner. The partnership will include a separate code AH for the total remedial income, if any, allocated to the U.S. transferor; total gain recognized due to an acceleration event; or total gain recognized due to a section 367 transfer reflected on Form 8865, Schedule G, Part II, columns (c), (d), and (e), respectively. Only the amount of the total remedial income allocated to the U.S. transferor will be included on Schedule K-1, Part III, box 1. Any recognized gain due to an acceleration event or section 367 transfer must be separately reported by the U.S. transferor on its own federal income tax return. For all other partners of the section 721(c) partnership, a separate code AH is used to provide the remedial items allocated to that partner relating to section 721(c) property that was taken into account to determine Part III, box 1. See Regulations sections 1.721(c)-3 and 1.721(c)-6. 12. Section 1061 information. The partnership will furnish to the partners any information needed to figure their capital gains with respect to an applicable partnership interest. See Section 1061 Reporting Guidance FAQs. 13. Partner’s share of the adjusted basis of noncash and capital gain property contributions, and share of the excess of the FMV over the adjusted basis of noncash and capital gain property contributions. 14. Excess business loss limitation. If the partnership has deductions attributable to a business activity, it will provide a statement showing your distributive share of the aggregate gross income or gain, and aggregate deductions, from the business activity of all of the partnership's trades or businesses. You can use this to figure any excess business loss limitation that may apply. See section 461(l) and Form 461 and its instructions for details. 15. Any other information you may need to file your return not shown elsewhere on Schedule K-1. The partnership should give you a description and the amount of your share for each of these items.